2016 Selected Financial Highlights

December 31 ($ in millions) 2016 2015 Percentage
Change
Premiums 2,264.0 2,043.6 10.8%
General Account Assets 8,603.1 8,280.9 3.9%
Separate Account Assets 10,448.5 9,590.6 9.3%
Total Assets 19,051.6 17,871.5 6.6%
Total Surplus (including Asset Valuation Reserve) 1,079.0 1,112.4 -3.0%
Surplus Ratio* 12.5% 13.4%

* Total Surplus as a percentage of General Account Assets

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While these ratings do not apply to the safety or investment performance of the Separate Account investment funds available under Mutual of America’s products, they do reflect the Company’s ability to fulfill its General Account obligations, which include its obligations under the Interest Accumulation Account, annuity purchase rate guarantees and annuity benefit payouts, as well as life insurance and disability income payments. Third party ratings are subject to change.

A.M. Best, S&P Global Ratings and Fitch Ratings are independent rating agencies. S&P is a registered trademark of Standard & Poor’s Financial Services LLC.

Before investing, you should carefully consider the investment objectives, risks, charges and expenses of the variable annuity contract and the underlying investment funds. This and other information is contained in the contract prospectus or brochure and underlying funds prospectuses and summary prospectuses. Please read the contract prospectus or brochure and underlying fund prospectuses and summary prospectuses carefully before investing. The contract prospectus or brochure and underlying fund prospectuses and summary prospectuses can be obtained by calling or by visiting mutualofamerica.com.

Mutual of America’s group and individual retirement products are variable annuity contracts and are suitable for long-term investing, particularly for retirement savings. The value of a variable annuity contract will fluctuate depending on the performance of the Separate Account investment funds you choose. Upon redemption, you could receive more or less than the principal amount invested. A variable annuity contract provides no additional tax-deferred treatment of benefits beyond the treatment provided to any qualified retirement plan or IRA by applicable tax law. You should carefully consider a variable annuity contract’s other features before making a decision.

Statements made in this interactive annual report by clients of Mutual of America are not paid testimonials. These testimonials may not be representative of the experience of other clients and are not indicative of future performance or success.

There is no separate fee for Mutual of America’s Financial Consulting Services, although there are minimum account balance requirements. The guidance and information provided by Mutual of America’s Financial Consultants are educational in nature and are not intended to serve as a primary basis for investment decisions. Mutual of America’s Financial Consulting Services do not create an investment advisory or a fiduciary relationship (including under ERISA) between you or your employees and Mutual of America. Mutual of America and its Financial Consultants do not provide tax or legal advice. Consult your personal tax adviser or attorney for matters involving taxation and tax planning and your attorney for matters involving personal trusts and estate planning.